OpenAI 年化收入据报比此前预期低约 200 亿美元
原标题：OpenAI’s revenue is reportedly $20 billion less than previously projected
AI 摘要
据《金融时报》报道，OpenAI 已向投资者表示其年化收入实际约为 500 亿美元，比此前传出的接近 700 亿美元低约 200 亿美元。此前 700 亿美元的数字来自 OpenAI 投资者为与 Anthropic 年化收入做直接对比而进行的推算，而两家公司计算年化收入的口径不同，Anthropic 会计入云合作伙伴的销售额，OpenAI 则不计入。收入问题给 OpenAI 带来压力，其 3 月单轮融资达 1220 亿美元，泄露的 2025 年财务数据显示收入约 130 亿美元但支出更高，IPO 也从今年推迟至 2027 年初。
正文节选
A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that. The Financial Times reports that the company has told investors that its annualized revenue is “approaching $50 billion.” The publication also notes that the previous figure of $70 billion was based o